Here’s what’s going on and why you need to act immediately. It’s a little complex, so bear with me.

Senator Jim DeMint (R-SC) has led the charge to place a “hold” on Bernanke’s nomination to a second term as Fed chairman until the Senate votes on Audit the Fed. This means to get a vote on Bernanke, Harry Reid has to have a vote on “cloture” (just like in the health care battle), and that requires a super-majority of 60 votes.

Insiders now tell me that Harry Reid is threatening to ram through a cloture vote as early as next week.

Senator DeMint is joined by David Vitter, Jim Bunning, and Bernie Sanders in his efforts, but these senators cannot succeed alone. But right now, Republicans should stop caving in to Harry Reid’s muscle on behalf of Ben Bernanke and the out of control Federal Reserve, and Democrats are cowering in fear of the popular revolt against out of control spending and the economic wreck it has helped create.

A strong message from Campaign for Liberty activists like you could start a stampede in the Senate that will make Harry Reid back off of Bernanke and give us a vote on Audit the Fed.

After all, Harry Reid is already the most vulnerable Democrat up for reelection next year, according to the polls.

1.) If they are not cosponsoring Audit the Fed, you expect them to sign on in support of finding out what the Fed has done with trillions of our dollars. Tell them you will make sure their constituents know of their action or inaction on this issue.

2.) They must vote “no” on cloture until after there is a vote on Audit the Fed. No vote should be taken on Ben Bernanke’s confirmation, or the nomination of anyone else for Fed Chairman, until Audit the Fed has received a public, up or down vote. The real issue here is not the Fed chairman himself. It is the need for complete transparency.

Ben Bernanke’s term as Fed chairman expires on January 31, so Harry Reid is under pressure from Barack Obama to act quickly.

Which means we must act even faster.

The Senate has enough on its plate with the fight over health care, so they can ill afford to face yet another tough fight over the leadership’s agenda.

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This entry was posted on January 21, 2010 at 7:20 pm and is filed under Campaign for Liberty, Government, Politics. You can follow any responses to this entry through the RSS 2.0 feed.
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